But the "art" really only comes with time in market and a deep understanding of both the market and the operations of assets.

Top Housing Markets for 2025: Cities Where Home Sales Are Set To SoarI operate and invest in Pueblo West and Canon City currently, and it has for sure been a softer market for sales.

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.

What is the T12 Net Operating Income? 

On a commercial asset the value is directly based on the NOI (net operating income).

Talk to other clients, go look at his current job site and see how clean it is, the quality of work, if the order of operations is making sense so far, etc.PS I'm a GC in the Nashville area and can take on a handful of clients in 2025 if you need me.

In the state of Florida, you should have two bank accounts, operating and escrow. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

We travel for work (healthcare) and chronically live out of MTRs, so it will be our first time operating a shorter term, but won’t be an entirely foreign situation to us.

I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.